Want to know the future of crypto market in 2022? Read this report

📆 9/7/2022 10:05 AM
📰 CryptoAmb

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Accounting organization, KPMG, released a report that commented on the current state of the cryptocurrency market. The report stated that crypto projects will continue to stay low for the rest of 2022. The reason being the Terra debacle and the Russia-Ukraine impact. The report titled “Pulse of Fintech H1’22” stated that investors only put in […]

that commented on the current state of the cryptocurrency market. The report stated that crypto projects will continue to stay low for the rest of 2022. The reason being the Terra debacle and the Russia-Ukraine impact.

There has been a significant slowdown in crypto investment, particularly in retail firms offering coins, tokens, and NFTs.The report further stated that the trend is likely to continue for the rest of the year. Investors will likely move towards blockchain infrastructure projects in DeFi, instead of token and NFT marketplaces.

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